Dynamic Technology Lab Private Ltd raised its position in Vornado Realty Trust (NYSE:VNO) by 49.9% during the 2nd quarter, according to its most recent disclosure with the SEC. The fund owned 4,689 shares of the real estate investment trust’s stock after purchasing an additional 1,561 shares during the period. Dynamic Technology Lab Private Ltd’s holdings in Vornado Realty Trust were worth $347,000 at the end of the most recent reporting period.

Other institutional investors have also recently bought and sold shares of the company. Federated Investors Inc. PA lifted its position in Vornado Realty Trust by 5,125.0% during the second quarter. Federated Investors Inc. PA now owns 2,090 shares of the real estate investment trust’s stock worth $154,000 after buying an additional 2,050 shares during the period. Linscomb & Williams Inc. purchased a new position in shares of Vornado Realty Trust in the 2nd quarter worth about $211,000. Fieldpoint Private Securities LLC raised its holdings in shares of Vornado Realty Trust by 95.5% in the 2nd quarter. Fieldpoint Private Securities LLC now owns 3,225 shares of the real estate investment trust’s stock worth $238,000 after purchasing an additional 1,575 shares during the period. Sentry Investments Corp. purchased a new position in shares of Vornado Realty Trust in the 1st quarter worth about $249,000. Finally, IBM Retirement Fund raised its holdings in shares of Vornado Realty Trust by 47.6% in the 1st quarter. IBM Retirement Fund now owns 3,799 shares of the real estate investment trust’s stock worth $256,000 after purchasing an additional 1,226 shares during the period. 79.08% of the stock is currently owned by institutional investors.

A number of research firms have recently issued reports on VNO. ValuEngine lowered Vornado Realty Trust from a “hold” rating to a “sell” rating in a research note on Wednesday, October 3rd. Zacks Investment Research upgraded Vornado Realty Trust from a “hold” rating to a “buy” rating and set a $82.00 target price for the company in a research report on Monday, October 1st. SunTrust Banks reiterated a “buy” rating and issued a $85.00 target price on shares of Vornado Realty Trust in a research report on Thursday, August 16th. BMO Capital Markets reissued a “buy” rating and issued a $85.00 price target on shares of Vornado Realty Trust in a report on Monday, July 30th. Finally, Argus raised their price target on Vornado Realty Trust from $76.00 to $82.00 and gave the stock a “buy” rating in a report on Tuesday, July 3rd. One research analyst has rated the stock with a sell rating, three have assigned a hold rating and seven have issued a buy rating to the company’s stock. The company presently has an average rating of “Buy” and an average price target of $79.78.

Shares of VNO traded down $0.34 during midday trading on Friday, reaching $67.46. The stock had a trading volume of 875,042 shares, compared to its average volume of 1,020,643. The company has a debt-to-equity ratio of 2.41, a quick ratio of 5.62 and a current ratio of 5.62. The company has a market capitalization of $13.89 billion, a PE ratio of 18.09, a P/E/G ratio of 8.75 and a beta of 0.91. Vornado Realty Trust has a 52 week low of $64.13 and a 52 week high of $80.30.

Vornado Realty Trust (NYSE:VNO) last issued its quarterly earnings results on Monday, July 30th. The real estate investment trust reported $0.36 earnings per share for the quarter, missing analysts’ consensus estimates of $0.39 by ($0.03). Vornado Realty Trust had a net margin of 6.91% and a return on equity of 5.16%. The business had revenue of $541.80 million for the quarter, compared to analysts’ expectations of $539.78 million. During the same quarter in the prior year, the firm posted $1.25 EPS. The business’s quarterly revenue was up 6.0% compared to the same quarter last year. On average, equities research analysts forecast that Vornado Realty Trust will post 3.88 EPS for the current fiscal year.

Vornado Realty Trust Company Profile

Vornado's portfolio is concentrated in the nation's key market New York City along with the premier asset in both Chicago and San Francisco. Vornado is also the real estate industry leader in sustainability policy. The company owns and manages over 23 million square feet of LEED certified buildings and received the Energy Star Partner of the Year Award, Sustained Excellence 2017.

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Institutional Ownership by Quarter for Vornado Realty Trust (NYSE:VNO)

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